4th Annual
International Tax Boot Camp
Starting February 21st
PREPARING INTERNATIONAL TAX PROFESSIONALS
FOR PLANNING, PROVISION, AND COMPLIANCE
24 Hours of CPE Over Three Weeks
February 21st - March 9th
Tuesday & Thursday Sessions
10:00 - noon & 2:00 - 4:00 pm CST
CPE CREDITS: Up to 24 CPE credits in the Taxes field of study may be awarded upon verification of participant attendance.
NASBA Field of Study: Taxes
Level: Intermediate
Delivery Method: Group Internet Based
LEARNING MODULES
TWELVE ENGAGING LEARNING MODULES ILLUSTRATE THE POWER OF INTEGRATED INTERNATIONAL TAX PLANNING, PROVISION, AND COMPLIANCE
All Modules include:
Technical Overview
Integrated Case Study
International Tax Forms
WEEK 1: FEB 21/23
FOREIGN CALCULATIONS
MODULE I
Core E&P & Subpart F Concepts
MODULE II
GILTI "With" & "Without" the HTE
MODULE III
Treas. Reg. 1.861-8
& 163(j)
MODULE IV
Repatriation & APB23 Aspects
WEEK 2: FEB 28/MAR 2
DOMESTIC CALCULATIONS
MODULE V
Treas. Reg. 1.861-8 & 163(j)
MODULE VI
IRC Section 250 Deduction for Foreign Derived Intangible Income and Global Intangible Low-Taxed Income (“GILTI”)
MODULE VII
Interest Charge Domestic International Sales Corporations
MODULE VIII
U.S. Foreign Tax Credit
WEEK 3: MAR 7/9
SPECIAL TOPICS
MODULE IX
Corporate Alternative Minimum Tax (“CAMT”)
MODULE X
Transfer Pricing and BEPS Concepts
MODULE XI
GloBE Meets GILTI & CAMT
MODULE XII
2022 International Tax Form Set
Highlights include...
Latest International Tax Technical Content
- Practical, immediately useful knowledge, keeps you you up-to-date on the latest U.S. outbound international tax compliance requirements.
- Insightful tax saving strategies.
- Highly skilled instructors with decades of client-serving experience.
- Learning objectives are reinforced through integrated Case Study examples.
LEARNING OBJECTIVES
This workshop is designed to keep international tax professionals up to date with the latest provision and compliance requirements and the impact of proposed global tax initiatives, including Pillar Two. As a result of active participation, program recipients will be able to meet the following learning objectives:
- Participants will understand the calculations and reporting requirements related to U.S. persons ownership of foreign entities and entitlement to foreign income, including deemed and actual dividend distributions. See Modules I, II and III.
- Participants will understand the tax implications of actual dividend distributions from foreign corporations and the impact of hypothetical distributions for ASC740 purposes as well as those earnings subject to the indefinite reversal criterion of APB23. See Module IV.
- Participants will understand the rules related to the allocation and apportionment of deductions among the various statutory grouping relating to the operative sections of the Internal Revenue Code (IRC). See Modules III and V.
- Participants will understand the IRC Section 163(j) limitation on the deductibility of interest expense. See Modules III and V.
- Participants will understand the calculations and reporting requirements with respect to the IRC Section 250 deduction for foreign derived intangible income (FDII) and global intangible low-taxed income (GILTI). See Module VI.
- Participants will understand the calculations and reporting requirements associated with an Interest Charge Domestic International Sales Corporation (IC-DISC). See Module VII.
- Participants will understand the which foreign income taxes are creditable by U.S. shareholders and the limitations addressed by IRC Section 904 and the associated reporting requirements. See Module VIII.
- Participant will understand the computational requirements of the new Corporate Alternative Minimum tax (CAMT) and the CAMT Foreign Tax Credit. See Module IX.
- Participants will gain a high-level understanding of global transfer pricing guidelines and specific rules designed to limit the potential for arbitrary base erosion and profit shifting (BEPS) and the U.S. Base Erosion Minimum Tax Amount (BEAT). See Module X.
- Participant will gain insight and practical guidance on modeling Globe Pillar Two and the potential impact of the U.S. GILTI tax computations with and without the high-taxed income exclusion and the potential applicability of CAMT. See Module XI.
- Participants will understand what is new with the International Tax IRS Forms Set for the 2022 income tax year including but not limited to Forms 1118, 5471, 8858, 8975, 8990, 8991, 8992, 8865 and Schedules K2 and K3. See Module XII.
REGISTRATION
Registration for LIVE ONLINE is preferred by the Friday prior to the Weekly Sessions: Feb 17, 24, Mar 3, 2022. Please reach out by email if you are unable to make that deadline.
You may register for a single registration or join us as a business group. If you have more than one colleague joining from your Company, we invite you to take advantage of the discounted “Add-on Registration” option. If you have more than four (4) representatives from the same company, we invite you to choose the “4+ Group Rate” for unlimited registration by Company. If you choose the the add on or group option, please email the registrants names.
Delivery Methods
This is an online workshop with live interaction with highly skilled and experienced program instructors.
The program is delivered through 12 distinct but interrelated topical sessions. Each of the 12 sessions includes an overview of the latest international tax technical content, numerical examples explaining the underlying computational requirements, and how to report the computational results on the related tax forms.
A comprehensive case study is used to integrate the individual learning objectives.
Refunds are accepted for duplicative registration only. CPE Policies
Prerequisites
International Tax Experience
Program Level
Intermediate
Advance Preparation
None
Single Session Registration
Preliminary Program
Modules I-IV: Foreign Calculations
Tuesday, February 21 – 10:00 AM – 12:00 PM CST
Module I: Core E&P and Subpart F Concepts
- Brooke Simpson & Kelly Tabor, Forvis
- Marilyn Jankowski & Mark Gasbarra, Forte
Tuesday, February 21 – 2:00 PM – 4:00 PM CST
Module II: GILTI with and without the HTE
- Dave Maccall & Justin Metcalfe, Forvis
- Mark Gasbarra, Jeffrey Prescott & Wendy McDonald, Forte
Thursday, February 23 – 10:00 AM – 12:00 PM CST
Module III: Treas. Reg. 1.861-8 and 163(j)
- Chris Clifton & Harry Carawan, Forvis
- David Merrick & Mak Gasbarra, Forte
- Alexis Bergman, Baker Tilly
Thursday, February 23 – 2:00 PM – 4:00 PM CST
Module IV: Repatriation and APB23 Aspects
- Chris Clifton & Phil Laminack, Forvis
- Lester Fuwa & Mark C. Gasbarra, Forte
Modules V-VIII: Domestic Calculations
Tuesday, February 28 – 10:00 AM – 12:00 PM CST
Module V: Treas. Reg. 1.861-8 and 163(j)
- Jason Sullivan, Forvis
- Mark Gasbarra, David Merrick, Lester Fuwa, Forte
- Alexis Bergman, Baker Tilly
Tuesday, February 28 – 2:00 PM – 4:00 PM CST
Module VI: Foreign Derived Intangible Income
- Eric Flueckiger & Sara Savu, Forvis
- Mark Gasbarra, Scott Bozzi, Forte
Thursday, March 2 – 10:00 AM – 2:00 PM CST
Module VII: Interest Charge Domestic International Sales Corporations
- Eric Flueckiger & Sara Savu, Forvis
- Mark Gasbarra, Scott Bozzi, Forte
Thursday, March 2 – 2:00 PM – 4:00 PM CST
Module VIII: U.S. Foreign Tax Credit
- Brooke Simpson & Kate Morton, Forvis
- David Merrick, Mark Gasbarra, Forte
Modules IX-XII: Special Topics
Tuesday, March 7 – 10:00 AM – 12:00 PM CST
Module IX: Corporate Alternative Minimum Tax (“CAMT”)
- Scott Austin & Joe Cotter, Forvis
- Mark Gasbarra & David Merrick, Forte
Tuesday, March 7 – 2:00 PM – 4:00 PM CST
Module X: Transfer Pricing and BEPS Concepts
- Marko Markov & Naama Wolf, Forvis
- Mark Gasbarra & David Merrick, Forte
- Alexis Bergman, Baker Tilly
Thursday, March 9 – 10:00 PM – 12:00 PM CST
Module XI: GloBE Meets GILTI and CAMT
- Justin Metcalfe & Harry Carawan, Forvis
- Mark Gasbarra, David Merrick, Wendy McDonald, Jeffrey Prescott, Forte
Thursday, March 9 – 2:00 PM – 4:00 PM CST
Module XII: International Tax Form Set
- Kate Morton, Josh Zellerman, Forvis
- Marilyn Jankowski, Forte
Questions?
For additional information, including regarding program refund or cancellation policies or CPE, contact Forte or complete the form below. Click here to read the CPE FAQ.
Forte International Tax, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.